Thursday, July 23, 2015

Seeking Alpha: Amicus Fairly Rewarded For Substantial Progress

Amicus Therapeutics (NASDAQ:FOLD) is shaping up as a positive example of what happens when patience is matched with good underlying science. There have definitely been some large potholes along the way, including accusations that the company was playing fast and loose with post-hoc analysis, but the underlying idea that Fabry disease is a heterogenous disease and that Galafold (migalastat) can help some, but not all, of those patients as a monotherapy seems to have ultimately won the day.

Although these shares don't look particularly cheap today, there are still value-creating opportunities in front of the company. Actual approval should de-risk the valuation and final pricing of the drug could be a value-driver as well. Amicus's pipeline behind Galafold monotherapy isn't particularly mature, but the opportunities to leverage Galafold into combination therapies and advance additional rare disease treatments into the clinic are potential value drivers down the road.

Read more here:
Amicus Fairly Rewarded For Substantial Progress 

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